FleetPride Purchases CATCO to Expand Midwest Operations
June 06, 2012
PE-backed FleetPride, a retailer of heavy-duty truck and trailer parts, has acquired the assets of Clutch and Transmission Service, which operates under the name CATCO Parts & Services. A third-generation business, CATCO provides trucking parts and supplies as well as a range of services and repairs. The deal includes 18 retail locations throughout the Midwest, all but two of which provide drive-in service. Investcorp and Ridgemont Equity Partners first invested in FleetPride in 2006.